Want to save tax and try to grow your savings at the same time? Enjoy the dual benefit of saving tax as well as the potential to earn long-term growth by investing into the below-mentioned Mutual Funds. While offering the potential of growth through investments into equity markets, these Mutual Funds also offer tax benefits. The following funds may be suitable for investors who seek to save tax: Equity Linked Savings Scheme (ELSS) – tax benefits under Section 80C Rajiv Gandhi Equity Savings Scheme (RGESS) – tax benefits under Section 80CCG The schemes are classified in the above mentioned categories basis the Internal Managements research and views. There can be no assurance that the returns of the scheme/investment philosophy shall be able to meet the above mentioned objectives or individual investors requirements. The said categorization cannot be considered as guidelines, schemes objective, future prospects, schemes indicative returns etc. Considering this, before making any investments, in order to arrive at an informed investment decision. the readers are advised to seek an independent professional advice and verify the contents of all the investment related documents such as Scheme Information Documents, Key Information Memorandums - Cum-Application Forms, Statement of Additional Information Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Posted on: Wed, 17 Dec 2014 16:10:17 +0000
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